Lugassy Avy 4

4 · MobileSmith, Inc. · Filed Jan 14, 2021

Form 4

Period: 2020-12-21

10% Owner

Transactions

Other
Series A Convertible Preferred Shares
2020-12-23$42.90/sh+433,008$18,576,043→ 441,164 total(indirect: Reporting Person beneficially owns or controls entities that own the derivative securities)
→ Common Shares (12,990,240 underlying)
Purchase
Series A Convertible Preferred Shares
2020-12-21$42.90/sh+8,156$349,892→ 8,156 total(indirect: Reporting Person beneficially owns or controls entities that own the derivative securities)
→ Common Shares (244,680 underlying)
Purchase
Series A Convertible Preferred Shares
2021-01-13$42.90/sh+10,723$460,017→ 451,887 total(indirect: Reporting Person beneficially owns or controls entities that own the derivative securities)
→ Common Shares (321,690 underlying)

Footnotes (4)

[F1]Each share of Series A Convertible Preferred convert into 30 shares of common stock
[F2]433,008 shares of Series A Convertible Preferred stock have been issued in exchange of $18,576,007 of face value of debt securities, including accrued interest. Of $18,576,007 in debt exchanged, $17,211,007 was convertible and $1,365,000 was non-convertible.
[F3]Series A Preferred are convertible at the option of the holder
[F4]The preferred shares are perpetual

Documents

1 file